5042 29TH AVE S MINNEAPOLIS MN 55417

PID: 1302824410097

Property Overview

Parcel ID1302824410097

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1964

Property ClassRESIDENTIAL

OwnerD G HAGER & D L OTT-HAGER

Assessed Value$358,600

Land Value$141,000

Building Value$217,600

Annual Tax$5,330

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $70K total declared value · Most recent: Aug 2025 (accessory)

AccessoryAug 2025Closed

$34K

SUSSEL CORP

MiscAug 2023Expired

$6K

DBS RESIDENTIAL SOLUTIONS INC

RemodelJun 2019Closed

$30K

CASTLE BUILDING & REMODELING INC

ExistresJun 2019Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ResJun 2019Closed

A Johnson Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Keewaydin · Minneapolis

Median reported rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,637 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,637 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5038 29TH AVE S MINNEAPOLIS MN 55417	J K KRASEAN & S K KRASEAN	RESIDENTIAL	$441,800	40 ft
5046 29TH AVE S MINNEAPOLIS MN 55417	R W MAMMEN & P A HUMMEL	RESIDENTIAL	$405,000	40 ft
5034 29TH AVE S MINNEAPOLIS MN 55417	K L SCHNECK	RESIDENTIAL	$376,700	80 ft
5050 29TH AVE S MINNEAPOLIS MN 55417	N R HOPPE/CHARLES J HOPPE JR	RESIDENTIAL	$354,000	80 ft
5030 29TH AVE S MINNEAPOLIS MN 55417	M A MITCHELL & G C HUFF	RESIDENTIAL	$296,100	120 ft
5054 29TH AVE S MINNEAPOLIS MN 55417	RICHARD GLASSCOCK	RESIDENTIAL	$389,800	120 ft
5043 28TH AVE S MINNEAPOLIS MN 55417	ROBERT & GRETCHEN J TAATJES	RESIDENTIAL	$325,200	142 ft
5049 28TH AVE S MINNEAPOLIS MN 55417	STEVE HOPPE & PENELOPE HOPPE	RESIDENTIAL	$421,800	151 ft
5035 28TH AVE S MINNEAPOLIS MN 55417	REBECCA QUINBY & MARY HYLAND	RESIDENTIAL-TWO UNIT	$428,600	157 ft
5026 29TH AVE S MINNEAPOLIS MN 55417	JOSIAH OFFORD	RESIDENTIAL	$353,100	160 ft

Property History

Most Recent Sale

Date199712

Price$110,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,330